new - 2 days on rocket

501-503 Delavan Ave, Newark, NJ, 07107

$399,000

Home List Price

$4,738*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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501-503 Delavan Ave, Newark$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
HeatingNatural Gas, Radiant
CoolingNone
BasementYes
WaterfrontNone
FireplaceNone
ViewNone
MLS #25001012
StatusActive

About 501-503 Delavan Ave

Discover the charm of this fully renovated 1 family house, ideally located minutes from NYC, major highways, EWR airport, shopping, dinning and more. Property features formal living room, eat-in kitchen, 3 bedrooms, laundry room, deck, spacious back yard and a finished basement.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Stories: 2

Listing Office:

  • Office Name: Goyburu Realty LLC
  • Office Phone: (973) 530-4056
  • Listing Agent: Carlos Goyburu

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Patio/Deck

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000

Tax Information:

  • Annual Amount: $4,200
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. Sold Price

$440K

Med. Price/SqFt

$214

Avg. Days On Market

31

# of Sold Homes

31

501-503 Delavan Ave vs Newark

2 DAYS ON ROCKET

-29 Days

$399,000

-$41K Less

KEY TAKEAWAY

This property is $41K less than the Median Sold Price in Newark, NJ.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Number: #25001012

Listing Office:

  • Office Name: Goyburu Realty LLC
  • Office Phone: (973) 530-4056
  • Listing Agent: Carlos Goyburu

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/11/2025, 1:21:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 06, 2006Home Sold
$242,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,200$149,200
2019$5,509$149,200
2018$5,312$149,200
2017$5,312$149,200

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1944671
3
/10

  • Elliott Street Elementary School

  • 721 Summer Ave

  • 0.55 miles

  • Public District Grades PK-4

school-card-donut-1944672
3
/10

  • Garfield Elementary School

  • 360 Belgrove Dr

  • 0.56 miles

  • Public District Grades KG-6

school-card-donut-1944673
4
/10

  • Roberto Clemente Elementary School

  • 257 Summer Ave

  • 0.66 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,353. Most Newark, NJ residents have annual incomes less than $35k. The majority of families are single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501-503 Delavan Ave

What is the listing price of this property?

The listing price of 501-503 Delavan Ave property is $399,000.

What type of property is this?

The property 501-503 Delavan Ave is a house located in Newark, New Jersey, 07107.

Is this property for sale now?

Active Listing: 501-503 Delavan Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,200 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 6, 2006 for $242,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501-503 Delavan Ave has 3 bedrooms and 1 bathroom.

Rocket Homes›New Jersey›Essex County›Newark›07107›501-503 Delavan Ave

This home is located at 501-503 Delavan Ave in Newark, NJ and zip code 07107 in the North Ward neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 09, 2025 and is currently priced at $399,000.

In December 2024, from all listings sold in Newark, NJ there were more than 17 sold above asking price, over 8 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Newark, NJ increased by 10.8% between November 2024 and December 2024. While the average time on the market in December 2024 was 31 days, the median list price was $440,000.

From Rocket Homes Real Estate and based on county public records data.

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